International Debt Collection
Cedar Financial offers international debt collection through our exclusive access to the world-renowned TCM Group network. Featuring local, “on the ground” professional debt collectors and credit rights attorneys, expert representation is available to you worldwide - coverting more than 100 countries globally.
Best of all, it’s not just an international capability we’re offering—it’s an exceptional proficiency that enables us to not only resolve international debt disputes, but to do it using global professionals who understand the language, customs, cultures and laws that govern that country. And that expertise is what spells success in worldside debt collection.
Cedar Financial provides collection services on every continent and with every major US trading partner. Due to the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) trade sanctions we do not cover collections in Cuba, Iran, Myanmar (Burma), North Korea, Sudan, or Syria. This list is subject to change in the event OFAC imposes new sanctions or lifts existing sanctions.
(Click to View List and Select a Country for More Detail)
Central- African- Republic
Dominican Rep. Ecuador
Ivory Coast (Cote-D’lvoire)
Isle of Man
Papua New Guinea
Salvador (El -Salvador)
Serbia & Montenegro
Trinidad & Tobago
United Arab Emirates
In changing world markets, experience is everything. As a truly international collection agency, Cedar Financial and the TCM Group delivers superior debt recovery results to creditors worldwide since 1987 and is the choice of top multinational corporations demanding global quality service. The annual TCM Group Quality Survey, and a chain of well-established personal relationships, assures first-class quality services, tailored to suit individual needs and requirements, irrespective of geographical location.
Global Reach, Local Presence
With representation in more than 100 countries, Cedar Financial/TCM USA is a global collection agency that offers international reach to facilitate debt recovery wherever your foreign debtor may be located. But while our capacity for debt recovery is global, all claims would be initially forwarded to one centralized location near you and distributed to the TCM Group representatives in closest proximity to your debtors. TCM Group is near its clients and near your foreign debtors, providing informed, unified and effective debt collection strategies, geared towards the effective recovery of your international accounts.
Different ways of doing business, various legal systems and distinct cultures bring about many challenges when collecting international debt. TCM Group bridges the differences with its well-established and local debt recovery network. This network gives us a true advantage for debt collection overseas. See examples of how debt collection practices vary in countries because of the differing laws and customs: Argentina, Australia, Belgium, Brazil, Chile, China, England, France, Germany, Ghana, India. Mexico, the Netherlands, Nigeria, Japan, South Korea, South Africa, Sweden, Turkey. These examples offer an important reminder that employing a collection agency with an understanding of these laws and customs is very important for debt recovery success.
To further ensure quality and regional expertise, TCM Group carefully selects and appoints group directors and regional officers from all continents. Since a global team’s performance is only as good as its communication, managers from around the globe gather for Annual General Meetings held at changing international locations. During these meetings, we discuss the newest issues and technologies involved in international debt collection services. This enables us to be one of the leading global debt collection agencies worldwide.
International Debt Recovery Litigation
In circumstances where legal action becomes the only avenue to compel a debtor to meet its obligations, TCM Group can facilitate an expedient and cost effective course of action. Our members’ expertise, and their strong familiarity and understanding of local law and the applicable court system, are clear advantages when it comes to undertaking litigation and recovering debt as quickly as possible. When selecting among international collection agencies, this makes Cedar Financial a wise choice.
When doing business with foreign entities it is vital one makes sure they are compliant not just locally but also at home with Federal Law. Please click the following link to learn more about certain regions where you need to be cautious or avoid altogether:
International:“It was a pleasure working with you to help us recover 99% of a debt that was a foreign account. We were concerned it might be a total loss. We are very satisfied with the outcome. I will immediately forward the invoice for your commission, in the amount of $1,926.84, to our business manager for payment. Please give my regards to the members of your corresponding office in India who worked on this account as well.”